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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (2156)11/22/1999 8:42:00 PM
From: borb  Respond to of 3902
 
Just like Y2K, I do not think we should worry too much about this. Y2K is a common factor to the whole world. This one is not revalue but taking away 2 zeros. We got at least one year to think about what's the impact. It might never happen either. So, why worry now? In forseeable one year, the road seems to be bright for Nikkei and double gain with exchange rate.



To: Hawkmoon who wrote (2156)12/29/1999 1:57:00 PM
From: borb  Read Replies (2) | Respond to of 3902
 
We are pretty much concluded this year with a very good gain in Japan. Nikkei does not reach 19.2K (18.8K now). Yen vs dollar is 102. Taking the exchange rate into consideration, Nikkei is equivalent to 19.4K if yen is at 105 range.

So, what's next year? 25K for Nikkei?